TOTO (5332) Earnings: Operating Income Down 1.6% YoY to 8.073 Billion Yen, Net Income Up 9.5%

TOTO (5332) has released its financial results, reporting net sales of 168.611 billion yen, representing a 1.7% increase compared to the same period of the previous year. On the profit front, operating income decreased by 1.6% YoY to 8.073 billion yen, while ordinary income rose by 7.3% YoY to 9.372 billion yen. Net income attributable to owners of the parent grew by 9.5% YoY to 6.905 billion yen, with earnings per share (EPS) standing at 42.0 yen.

From a financial and valuation perspective, the company maintains a robust balance sheet with an equity ratio of 66.3%. Retained earnings stand at a solid 353.05 billion yen against interest-bearing debt of 24.59 billion yen. Profitability metrics show a Return on Equity (ROE) of 1.72% and a Return on Assets (ROA) of 0.88%, with EBITDA recorded at 8.07 billion yen.